Gulf Shores, Ala. — Atlanta-based RCG Ventures has acquired Pelican Place at Craft Farms, a 229,911-square-foot shopping center located in Gulf Shores, for $18.5 million.
Huntsville, Ala. — Huntsville-based Coldwell Banker Commercial McLain Real Estate has arranged the sale of a nine-property portfolio of retail centers, office buildings and special-use buildings located in Tennessee and Alabama for $19.6 million.
Atlanta — Atlanta-based RCG Ventures Fund III has acquired three shopping centers located in Alabama, New York and Missouri.
Atlanta — Atlanta-based RCG Ventures has acquired three shopping centers in Tennessee, Alabama and Michigan.
Mobile, Ala. — Rouse Properties Inc. will begin a redevelopment of The Shoppes at Bel Air in Mobile.
Muscle Shoals, Ala. — PGM Properties LLC and Coro Realty Advisors LLC will develop a new Publix-anchored shopping center in Muscle Shoals at the former Highland Park Baptist Church site.
Decatur, Ala. — Colliers International’s Southeast retail investment sales team has brokered the $10.9 million sale of The Market Shoppes, a power retail center located in Decatur, Alabama.
Baton Rouge, La., Auburn, Ala. — Newk’s Eatery will open two new locations in Alabama and Louisiana.
Eufala, Ala. — Regency Properties has purchased Eufaula Towne Center located in Eufaula.
Albertville, Ala. — The center will be completed in spring 2016.